Agricultural Credit and Special Programmes Department (ACSPD) is entrusted with the responsibilities of formulating national agricultural credit policy and its implementation. It also monitors and reviews the agricultural credit disbursement and recovery position of the commercial banks and specialised banks. The department also arranges refinance facilities to two specialised banks e.g. Bangadesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB) against Govt. guarantee. It also provides Demand Loan to the aforesaid two banks as and when approached by them. The department collects information and maintains data in respect of agricultural credit which are supplied to the Ministries of the Government, International bodies like International Monetary Fund (IMF), World Bank (WB), Asian Development Bank (ADB) etc. as and when required.

Work’s relating to formulation of policies and implementation of agricultural projects financed by Development Partners, Government of Bangladesh and Bangadesh Bank are also done by this Department. Monitoring the ongoing projects, extending refinance facilities to the participating banks against their disbursement to target groups, coordinating disbursement and recovery activities of these banks and arranging repayment of project loan to government and Development Partners as per amortization schedules are the other functions of this department. The department also provides loan facilities to some specialised banks like Grameen Bank, Ansar VDP Unnayan Bank etc. against government guarantee for extension of micro credit services to the rural people.

The department also monitors and reviews the industrial credit disbursement and recovery position of the banks and financial institutions of the country. It also provides refinance facilities to Banks and Financial institutions under “Refinance Scheme for Small Enerprises” for which Bangladesh Bank, Government of Bangladesh, World Bank and Asian Development Bank (ADB) have provided fund. Besides these“Refinance Scheme for Housing Sector”and “Refinance Scheme for agrobased industries in rural areas” are dealt with by this department.